Why is Manoj Jewellers falling/rising?

As of 24-Jun, Manoj Jewellers Ltd is experiencing a price increase, currently at Rs. 53.36, reflecting a rise of Rs. 1.76 or 3.41%. The stock has shown strong performance recently, gaining 21% over the last four days and outperforming its sector by 2.84%. It reached a new 52-week high of Rs. 54.89 today, with trading volumes significantly increasing, evidenced by a 380.77% rise in delivery volume compared to the five-day average. Additionally, the stock is trading above its moving averages across various time frames, indicating a positive trend. There are no available positive or negative dashboard factors to further elaborate on the stock's movement.
Broader Market Context: In the context of the broader market, Manoj Jewellers has outperformed the Sensex significantly over the past week, with a return of 18.39% compared to the Sensex's 0.58%. This strong performance suggests that investor sentiment towards Manoj Jewellers is particularly favorable, contributing to its rising stock price amidst a generally stable market environment.